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we'll have the latest on the slow, unfolding drama, emphasis on slow, that is the fiscal cliff negotiations. the white house and speaker boehner trade proposals and tension. we will discuss with house democratic whip steny hoyer, ezra klein, sam stein, jane mayer, and jen zocki. plus, csi gop, as the republicans make the long slog to redemption, we discuss lessons learned. and the war on women rages on in the lone star state. we will look at planned parenthood's fight in texas. all that starts in a mere 180 seconds. ♪ [ male announcer ] we began serving handcrafted coffees in seattle, and people seemed to like it. so we wondered -- where else could we take this? ♪ for over 40 years, we've brought our passion for fine coffee and espresso to people everywhere. but one place was impossible, until now. our lattes, espresso and brewed coffee, now in your home from a machine like no other. and now $50 off through january 1st. the verismo® system, by starbucks. [ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s, we still run into problems -- mainly other h
we'll have the latest on the slow, unfolding drama, emphasis on slow, that is the fiscal cliff negotiations. the white house and speaker boehner trade proposals and tension. we will discuss with house democratic whip steny hoyer, ezra klein, sam stein, jane mayer, and jen zocki. plus, csi gop, as the republicans make the long slog to redemption, we discuss lessons learned. and the war on women rages on in the lone star state. we will look at planned parenthood's fight in texas. all that starts...
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Dec 13, 2012
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cliff negotiations. again, once again, they're going to hold the process that the american people did not much enjoy. and they're going to do that to try to get something very unpopular, which is taking away a lot of people's medicare benefits. ak they're only going to see more intransigent work stream. more out of touch of where the american people are. governor, carl rove was with bill o'riley. watch this. >> i think what the speaker is trying to get across is at this point, the republicans are pretty much in disarray. they can't compete with the organized democratic machine. that's why romney lost. >> they are in disarray. they doept have a clue of what to do. they're not in any way consistent with what they want. they want taxes raised on the rich. it spurred 23.5 million new jobs in six years. americans get that stuff. they've got to be voiced and sustained. by the way, all of this is political calculation. crystal is right. they're worried about the primary. good lord, have some guts and do what's
cliff negotiations. again, once again, they're going to hold the process that the american people did not much enjoy. and they're going to do that to try to get something very unpopular, which is taking away a lot of people's medicare benefits. ak they're only going to see more intransigent work stream. more out of touch of where the american people are. governor, carl rove was with bill o'riley. watch this. >> i think what the speaker is trying to get across is at this point, the...
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Dec 8, 2012
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the president's refusal to budge in negotiations with the g.o.p. on fiscal cliff talks. joining me now university of chicago booth school of business professor and former chairman of the council of economic advisors under president obama, dr. austan goolsbee. dr. goolsbee, where is the stethoscope? come on, i see it there hello, good to see you, austin. >> hey, laura great to see you again. i painted the pictures why conservatives should figure it out and not be in despair. on the other side of the equation you have the president. let's say the president gets his tax hikes. you know, everyone thinks they are going to have higher taxes in the new year. so he gets tax hikes. but then what? i mean, the new normal that's being painted by your friends over at the oecd say our girls will probably be about 2.2%. 2% maybe if we're luck in next year. the new normal even with high taxes doesn't look good. >> yeah. let's hope it's higher than that i think it's going to be a bumpy 60 days in my view. fiscal cliff. as low as that 2% is. the awful state of the world right now is that
the president's refusal to budge in negotiations with the g.o.p. on fiscal cliff talks. joining me now university of chicago booth school of business professor and former chairman of the council of economic advisors under president obama, dr. austan goolsbee. dr. goolsbee, where is the stethoscope? come on, i see it there hello, good to see you, austin. >> hey, laura great to see you again. i painted the pictures why conservatives should figure it out and not be in despair. on the other...
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. >> brown: so it is this program that is now caught up in the fiscal cliff negotiations. >> right. and it's unique this time around. this particular end of the month is a clear-cuttoff time. we have-- . >> brown: in the past it was phased out. >> right. and as harry said in your piece pointed out this is really the worst time of the year for this to happen. so what we need to do now is not just say oh let's just extend them. i think everyone thinks something like that has to happen. and it needs to be for a period of time that will be humane for the millions of people unemployed. we still have a very high unemployment rate. i think it's time now to do some experiments. how do we combine the extensions with mandatory training to make sure that people are skilled up when they reenter the labor force and don't take this bad decision, in my view, of simply dropping out bdz why do you think we need to do those experiments now rather than just continue or extend. >> well, this is the time to do it. congress is focused on extension. let's focus them also on changing the program subtlyment
. >> brown: so it is this program that is now caught up in the fiscal cliff negotiations. >> right. and it's unique this time around. this particular end of the month is a clear-cuttoff time. we have-- . >> brown: in the past it was phased out. >> right. and as harry said in your piece pointed out this is really the worst time of the year for this to happen. so what we need to do now is not just say oh let's just extend them. i think everyone thinks something like that...
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. >> fiscal cliff negotiations proving once again that obama is never worried about trying to fix the problem. >> how about manning up here, mr. president. >> all he's trying to do is fix the blame. >> the president won. he wants to prove he can dominate. >> 15 auto workers fired are back on tle job tonight. >> hey, guys, hate to be a buzzkill, but shouldn't you guys be building cars? don't you guys work out at the chrysler factory? >> this right to work in michigan is a big deal. and michigan is about to become a right to work state, where you can't get a job without having to join a union. >> these so-called right to work laws don't have anything do with economics. they have everything to do with politics. >> michigan is ground zero for union activity. >> ♪ gangnam style >> this guy should have never been there. they realized he had done this in 2002 and 2004. apologies don't matter. he said we want american troops, their families, wives and kids, to die, die a painful death. you don't apologize for that. you're a bad person. get him out of the white house. >> you're going to hold
. >> fiscal cliff negotiations proving once again that obama is never worried about trying to fix the problem. >> how about manning up here, mr. president. >> all he's trying to do is fix the blame. >> the president won. he wants to prove he can dominate. >> 15 auto workers fired are back on tle job tonight. >> hey, guys, hate to be a buzzkill, but shouldn't you guys be building cars? don't you guys work out at the chrysler factory? >> this right to...
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cliff negotiations? >> well, you know, you're right. some folks look at this and say the economy's strong enough. it should be able to digest big tax increases spending cuts. others look at it and say look we still have a very high unemployment rate, a long way to go to get back to full employment. the economy can't tolerate big tax increases and spending cuts. most political debates the reality is in between. we do need to address our fiscal problem so we do need to go through some spending cuts and we also need some tax revenue increases. but we have to phase it in over time, otherwise the economy will choke on that. we can't have too much restraint too quickly. so we have to phase this in, smooth it in to make it palpable for the economy. >> susie: until that happens, there is a lot of anxiety in the labor market. the big fear for many individuals and for investors is that companies are going to start laying off workers. we saw this week that cities have announced 11,000 job cuts, is this the beginnin
cliff negotiations? >> well, you know, you're right. some folks look at this and say the economy's strong enough. it should be able to digest big tax increases spending cuts. others look at it and say look we still have a very high unemployment rate, a long way to go to get back to full employment. the economy can't tolerate big tax increases and spending cuts. most political debates the reality is in between. we do need to address our fiscal problem so we do need to go through some...
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Dec 10, 2012
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well, we begin with the new urgency in the fiscal cliff negotiations with now just 21 days, three weeks to reach a deal. today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commission said his party should consider the president's idea of raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. we have one house, that's it. the presidency and the senate is in the democrat's hands. a lot of people are putting forth a theory and i think it has merit where you go in and give the president the 2% increase that he's
well, we begin with the new urgency in the fiscal cliff negotiations with now just 21 days, three weeks to reach a deal. today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the...
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Dec 6, 2012
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over the fiscal cliff negotiations one thing has become crystal clear. the schisms are becoming more and more pronounce. there are three distinct groups, theological warriors who want to impose their views on the country. tee party zealots and remnant of the pro business moderates while their fiscal views are the last reasonable voice in the republican party. it's this last group who are willing to compromise and combine their ideologies with governing. it is this group bit by bit who are peeling away the extreme views of the rest of the party. the most important question remains are there enough of them to make a deal and reign in the g.o.p. circus. joining me now charles pierce, writer to esquire and author and host of ring of fire and majority report sam seder. do you feel sorry for john boehner who has all these circus folks with him? >> i don't. >> eliot: shocking to me. >> look, he has--he's trying to maintain his caucus, and you know, at the end of the day i don't really invest too heavily about the actual persons of these politicians. the fact th
over the fiscal cliff negotiations one thing has become crystal clear. the schisms are becoming more and more pronounce. there are three distinct groups, theological warriors who want to impose their views on the country. tee party zealots and remnant of the pro business moderates while their fiscal views are the last reasonable voice in the republican party. it's this last group who are willing to compromise and combine their ideologies with governing. it is this group bit by bit who are...
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it was a quiet day of trading with no economic data and no noteworthy movement on fiscal cliff negotiations. the s&p 500 stuck to a very narrow trading range, just six points from its low point right after the opening bell to its highest level of the session, around 11:00 a.m. eastern time. the index finished up by a fraction. trading volume was light-- 591 million traded on the big board; just over one and a half billion moved on the nasdaq. the materials sector led the gains, up seven tenths of a percent. the consumer discretionary sector was the biggest drag, falling six tenths of a percent. a couple of metal stocks led the way up for materials. with global demand waning, prices have been soft. cliff's natural resources mines the iron ore used in steel furnaces. shares were up 4.6%. they were at a year-low at the end of last month. specialty metals maker allegheny technologies also picked itself up from its yearly low, rising 3.2% today. travel web sites operator priceline.com hit the brakes in the consumer sector. shares fell 5% to a three-week low. investment bank deutsche banc cut its
it was a quiet day of trading with no economic data and no noteworthy movement on fiscal cliff negotiations. the s&p 500 stuck to a very narrow trading range, just six points from its low point right after the opening bell to its highest level of the session, around 11:00 a.m. eastern time. the index finished up by a fraction. trading volume was light-- 591 million traded on the big board; just over one and a half billion moved on the nasdaq. the materials sector led the gains, up seven...
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cliff negotiations? >> the president is making the case that the economy is getting better but still fragile and sea and the republicans have both said the country goes over the fiscal cliff it will be very bad for the economy. >> it shows people are still confident -- at what point will that confidence start to wayne? >> probably when we get around christmas or get down to the very last days before the end of the year. these things never get done until both sides backs are up against the wall and the calendar is about to run out. the other side wants to appear they gave too much. -- neither side wants to appear they give up too much. >> a balancing act to the end. thank you so much. >> 23 days ago. not everything is a on the internet is ok in the eyes of the law -- what a virginia judge decided about a post by a woman who slammed the work of a contractor hired to make repairs. >> the -- belfort furntiure weather center a fog advisory for the overnight hours. early tomorrow morning been a big warmup foll
cliff negotiations? >> the president is making the case that the economy is getting better but still fragile and sea and the republicans have both said the country goes over the fiscal cliff it will be very bad for the economy. >> it shows people are still confident -- at what point will that confidence start to wayne? >> probably when we get around christmas or get down to the very last days before the end of the year. these things never get done until both sides backs are up...
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we're now in the middle of negotiations over the fiscal cliff. one element of this is are republicans going to be in this position, once again, to take the debt ceiling and the good faith and credit the u.s. hostage? president obama says we can't be in that position, again. and you are described, you, the press says, well, he said, listen. this is extraordinary. you ought to be talking about the damage caused by -- >> there's no doubt on this debt ceiling issue. look, this is part of the negotiations, this is in the middle of the, sort of the three tiered. they have a better chance of agreeing on taxes and entitlements than the debt ceiling. boehner who himself may agree, if we can't have this fight again because the business community will absolutely go crazy about it. he's got to bring back a political tool or some piece of victory. >> i would say, chuck, actually, the reporting now is better than it was a year ago. and some of what's happened is i think reporters have come to realize and many even republicans around that it's a party that went
we're now in the middle of negotiations over the fiscal cliff. one element of this is are republicans going to be in this position, once again, to take the debt ceiling and the good faith and credit the u.s. hostage? president obama says we can't be in that position, again. and you are described, you, the press says, well, he said, listen. this is extraordinary. you ought to be talking about the damage caused by -- >> there's no doubt on this debt ceiling issue. look, this is part of the...
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cliff negotiations. congressman peter welch is a democrat from vermont and deputy chief whip and he joins us now. good afternoon, sir. >> good afternoon. >> the president has said that he wants to raise revenues, and so very specifically he wants tax rates on the rich to go up. speaker boehner says he wants to cut spending. but then he won't specify the cuts he'd like. why is that? >> he's got a tough negotiating situation. he's got to put on a show for his base and his base ran for spending cuts and for tax cuts. they know revenues are going to go up. speaker ba eer boehner knows th president is going to get his way so he's putting on a show. >> in the new nbc news/"wall street journal" poll when asked if these leaders should compromise to get a deal, 70% of democrats said yes while just 59% of republicans agreed. and now i'd like you to listen to minority leader pelosi today discussing changes to eligibility for medicare, something republicans say should be on the table. take a listen. >> don't even th
cliff negotiations. congressman peter welch is a democrat from vermont and deputy chief whip and he joins us now. good afternoon, sir. >> good afternoon. >> the president has said that he wants to raise revenues, and so very specifically he wants tax rates on the rich to go up. speaker boehner says he wants to cut spending. but then he won't specify the cuts he'd like. why is that? >> he's got a tough negotiating situation. he's got to put on a show for his base and his base...
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what do these numbers mean and what do they portend for the fiscal cliff negotiations? >> it strengthens the president's hand. it was a good number, not great, because of some of the revisions we saw to previous months but the president can tout a record of job creation, so that's encouraging. the unemployment rate went down to 7.7% for some of the wrong reasons. a lot of people left the labor force. that's not something you want to see. you want to see more people coming into the labor force, encouraged that they have a chance at getting a job. nonetheless, 146,000 jobs created. that's good for the president. gives him a chance to go out there and have some momentum going into the fiscal cliff talks. i was just at the speaker's press conference down the hall at the top of last hour and he said look, there's no progress being made and his call with the president was just more of the same and the staff talks behind the scenes yesterday were more of the same. he didn't give us a whole lot of optimism going into this weekend here, alex. >> here's my question. i have many q
what do these numbers mean and what do they portend for the fiscal cliff negotiations? >> it strengthens the president's hand. it was a good number, not great, because of some of the revisions we saw to previous months but the president can tout a record of job creation, so that's encouraging. the unemployment rate went down to 7.7% for some of the wrong reasons. a lot of people left the labor force. that's not something you want to see. you want to see more people coming into the labor...
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. >>> to the fiscal cliff negotiations now. it is crunch time. with just three weeks before higher taxes and spending cuts kick in, negotiations are underway, but it's not known what if any progress is being made. speaking in michigan yesterday, the president said he's willing to compromise a little, but the gop wants to know specifics. danielle nottingham has more. >> reporter: president obama's campaign to steer clear of the fiscal cliff took him to a diesel engine plant outside detroit. >> congress doesn't act soon, meaning the next few weeks, starting on january 1, everybody's going to see their income taxes go up. >> reporter: private face-to-face talks were revived this weekend when house speaker john boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us including folks like me get to keep all our tax breaks. >> reporter: republicans have adamantly opposed raising taxes, but now some are co
. >>> to the fiscal cliff negotiations now. it is crunch time. with just three weeks before higher taxes and spending cuts kick in, negotiations are underway, but it's not known what if any progress is being made. speaking in michigan yesterday, the president said he's willing to compromise a little, but the gop wants to know specifics. danielle nottingham has more. >> reporter: president obama's campaign to steer clear of the fiscal cliff took him to a diesel engine plant...
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host: how will the fiscal cliff negotiations affect you? will you lose benefits? caller: i will lose benefits at the end of december, and i will have to go on county assistance to see what they can do to help, but i would rather go back to work. i started picking work when i was 12 years old. host: what are you doing to prepare for the scenario? caller: i am trying to get my ged but i have always had a problem with education. guest: this is a huge issue. people like john are not at the negotiation table. it is tough to consider the full range of decisions. what we find time and time again is that the education and skills component of helping unemployed workers get back into the workforce is a big obstacle. we have 40 programs on the federal level to deal with that, but based on analysis out of rutgers university, is usually people that have been able to find their own education path and get their own skills and out of these government programs have been the most successful. that is a problematic dynamic. host: lisa is next from texas on the independent line. good
host: how will the fiscal cliff negotiations affect you? will you lose benefits? caller: i will lose benefits at the end of december, and i will have to go on county assistance to see what they can do to help, but i would rather go back to work. i started picking work when i was 12 years old. host: what are you doing to prepare for the scenario? caller: i am trying to get my ged but i have always had a problem with education. guest: this is a huge issue. people like john are not at the...
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. >>> well, back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend. this, as treasury secretary timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with app update on all of this. tracie, good morning to you. >> reporter: lynn, not quite empty. a lot of lawmakers on a long weekend break. take a look at some of the frustrated constituents they'll face. a protest in baltimore over social security, not the check but the jobs. the people who work in the offices who fear there could be super long lines for taxpayers if, in fact, their jobs are cut in all of this. so where do we stand today? there's a hearing today on capitol hill. the joint economic committee hearing on what can be done for the fiscal cliff. treasury secretary timothy geithner says the administration is willing to go over the cliff, let taxes go up, let these taxes happen if republicans press the idea of no tax increases for the wealthy. the latest we've lea
. >>> well, back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend. this, as treasury secretary timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with app update on all of this. tracie, good morning to you. >> reporter: lynn, not quite empty. a lot of lawmakers on a long weekend break. take a look at some of the...
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now, economists say these numbers are huge for fiscal cliff negotiations. they back president obama's argument that the economy is doing well enough to handle attack -- handle a tax hike for wealthier americans. >> the fact that this this report is strong, i think puts a little bit of wind in his sails. >> reporter: john boehner is holding a news conference here on capitol hill. he's now lead -- he's now leading the negotiations with president obama. we will show -- we will show you -- tell you what he has to say coming up next hour. >>> starting next year, apple will start making some of its products here in the u.s. apple's ceo tim cook says one of its manufacturing operations will be moved here from china. it's not clear where that assembly plant will be. that announcement comes as criticism is mounting. >>> well, clorox corporation has a deal with a san diego- based investor to sell its headquarters building in downtown san diego. west core properties agreed to buy the 24-story building on broadway. the terms of the deal, that has not been disclosed. bu
now, economists say these numbers are huge for fiscal cliff negotiations. they back president obama's argument that the economy is doing well enough to handle attack -- handle a tax hike for wealthier americans. >> the fact that this this report is strong, i think puts a little bit of wind in his sails. >> reporter: john boehner is holding a news conference here on capitol hill. he's now lead -- he's now leading the negotiations with president obama. we will show -- we will show you...
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cliff. >> behind the scenes negotiations continue today. republicans say they're waiting for the president to outline more spending cuts. the three big issues, tax rates, entitlement reform, medicare and social security, and whether to raise the debt ceiling. we're about to hit it again, and america may need to borrow more. and on those issues at least for now on chilapitol hill, democra seem to think they have the upper hand. that's it for now. >> thanks so much. >>> last night he describes what he says is to use the debt creel as a pawn in the fiscal cliff negotiations. >> they see the handwriting on the wall and they're going to have to extend it, and if they don't the whole country will see they were willing to tank the entire economy and give everybody the tax break to give people at the top a bonus. where they're just dead wrong, ed, is thinking they're going to gain leverage over this debt ceiling because the american people are not going to stand for republicans turning right around and threatening to destroy the american economy by
cliff. >> behind the scenes negotiations continue today. republicans say they're waiting for the president to outline more spending cuts. the three big issues, tax rates, entitlement reform, medicare and social security, and whether to raise the debt ceiling. we're about to hit it again, and america may need to borrow more. and on those issues at least for now on chilapitol hill, democra seem to think they have the upper hand. that's it for now. >> thanks so much. >>> last...
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can you give the american people status update what is happening with these fiscal cliff negotiations? do you see that coming together, both sides? >> i hope so but there's a cliff in this country in terms of how we approach things. the president ran on a plank, very wealthy no longer should get a tax break. middle class taxpayers should continue to get a lower tax than they otherwise would. the republicans, if i might say so, simply have to listen to the election results. the president was clear. we asked can dates to be clear about their positions. the president was utterly clear that the tax rates for high income people should return to the clinton era. the people spoke. the republicans should listen. jenna: congressman, pleasure to have you on set. look forward to have you come back. talk to us about spending at the national level. >> be glad to do that. jenna: thank you for the time. jon? jon: get away from all this earthly talk of fiscal cliffs and other problems and get to dramatic new findings from space. nasa's hubble space telescope has helped astronomers discover something
can you give the american people status update what is happening with these fiscal cliff negotiations? do you see that coming together, both sides? >> i hope so but there's a cliff in this country in terms of how we approach things. the president ran on a plank, very wealthy no longer should get a tax break. middle class taxpayers should continue to get a lower tax than they otherwise would. the republicans, if i might say so, simply have to listen to the election results. the president...
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fiscal cliff negotiations have been at a stand still since monday when republicans proposed raising revenue by closing tax loopholes not by raising rates own the wealthy as the president has demanded. >> we're not insisting on rates out of spite but rather because we need to raise a certain amount of revenue. >> we can't keep borrowing mown and raising taxes and expect the problem to go away. >> with no solution in sight the white house budget is now ordering the pentagon and other an an jencies to finalize their plan to avoid massive spending cuts. >> secretary of state clinton says nato's decision missiles to turkey sends a clear message that tour ski is backed by its allies. the big concern remains an increasely desperate assad regime will turn to chemical weapons as rebel fighting rages on. the u.s. and its partners are looking to apply additional pressure on at a conference next week. the regime insists they would not use weapons against its people. >> a natural gas tanker arrived in japan today becoming the first vessel to successfully test a new trade route through arctic waters. it
fiscal cliff negotiations have been at a stand still since monday when republicans proposed raising revenue by closing tax loopholes not by raising rates own the wealthy as the president has demanded. >> we're not insisting on rates out of spite but rather because we need to raise a certain amount of revenue. >> we can't keep borrowing mown and raising taxes and expect the problem to go away. >> with no solution in sight the white house budget is now ordering the pentagon and...
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. >> reporter: fiscal cliff negotiations have been at a standstill since monday. not by raising rates on the rich as the president had insisted. >> we're not insisting on rates just out of spite, but rather because we need to raise a certain amount of revenue. >> we can't just keep borrowing money, raising taxes and expecting the problem to go away. >> reporter: house members headed home for a long weekend with democrats so far unsuccessful in their efforts to force a vote on a bill that would extend tax cuts to 98% of americans. but house speaker john boehner said he's here, and all ears. >> i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> reporter: 26 days out and the waiting continues. >> with no solution in sight, the budget office is ordering the pentagon and other federal agencies to finalize their plan for surviving massive spending cuts. danielle lee, news4. >>> the house has now approved a bill giving former presidents and their wives secret service protection for life. under current law, sec
. >> reporter: fiscal cliff negotiations have been at a standstill since monday. not by raising rates on the rich as the president had insisted. >> we're not insisting on rates just out of spite, but rather because we need to raise a certain amount of revenue. >> we can't just keep borrowing money, raising taxes and expecting the problem to go away. >> reporter: house members headed home for a long weekend with democrats so far unsuccessful in their efforts to force a...
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that tells me that there's going to be a lot of fiscal cliff negotiations privately going on throughout the day. or else maybe he's going back to ohio. who knows. jay carney will have a briefing at 1:00 and i will be there and i will tell you all about it tomorrow. oh my goodness! oh my gosh this looks amazing! [ male announcer ] our new maine stays! 15 entrees under $15 seafood, chicken and more! oo! the tilapia with roasted vegetables! i'm actually looking at the wood grilled chicken with portobello wine sauce. that pork chop was great! no more fast food friday's! we're going to go to red lobster. yep. [ male announcer ] come try our new menu and sea food differently! and introducing 7 lunch choices for just $7.99. salad, sandwiches, and more. [ ♪ theme ♪ ] >> bill: hello friends and neighbors, fellow americans good morning and welcome to the "full court press." here on current tv. it is tuesday morning. december 11. i'm bill press. liberal and proud of it. proud to bring you the only progressive morning show anywhere on cable television. called the "full court press." are you par
that tells me that there's going to be a lot of fiscal cliff negotiations privately going on throughout the day. or else maybe he's going back to ohio. who knows. jay carney will have a briefing at 1:00 and i will be there and i will tell you all about it tomorrow. oh my goodness! oh my gosh this looks amazing! [ male announcer ] our new maine stays! 15 entrees under $15 seafood, chicken and more! oo! the tilapia with roasted vegetables! i'm actually looking at the wood grilled chicken with...
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. >> the fiscal cliff negotiations are getting very little attention. we will drill down on the estate tax levy later in the hour. >>> why is jc penny stock higher today? and apple shares getting cut. are these the right call? well analyze this and more after this. she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, se
. >> the fiscal cliff negotiations are getting very little attention. we will drill down on the estate tax levy later in the hour. >>> why is jc penny stock higher today? and apple shares getting cut. are these the right call? well analyze this and more after this. she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's...
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Dec 6, 2012
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alan simpson painting a bleak picture behind the scenes of the fiscal cliff negotiations. good morning. this is "way too early." thanks for being up with us this morning. we have a lot to get to on this thursday, december 6. >> including president obama actually making his appeal to business leaders on his tax plan. he's now reaching out following a very tough election campaign. >> and overseas, protests get violent in egypt where the once stable nation appears to be on the verge of crisis. first, let's get to the news live at 5:30 here at 30 rock in new york city. we begin with 25 days to go until the year end fiscal cliff deadline for the first time in days president obama and speaker boehner spoke on the phone yesterday. both men agreeing not to publicly characterize how the conversation went. but the stalemate in negotiations entered bold new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the top 2%. >> if republicans do not agree to that, is the administration pre
alan simpson painting a bleak picture behind the scenes of the fiscal cliff negotiations. good morning. this is "way too early." thanks for being up with us this morning. we have a lot to get to on this thursday, december 6. >> including president obama actually making his appeal to business leaders on his tax plan. he's now reaching out following a very tough election campaign. >> and overseas, protests get violent in egypt where the once stable nation appears to be on...
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. >> reporter: right now it's looking more likely that we could, could, go over that fiscal cliff at the end of the month because right now, negotiations here are at a stand still. president obama talks to the business round table today after telling bloomberg he absolutely won't bunch. the wealthiest americans must pay more. >> we're not going to be able to get a deal without it. >> reporter: he may be in a good position to wait it out. a new poll found more half of americans will blame republicans if we go over the fiscal cliff. >> republicans do not want to touch one hair on the head of one person making over $250,000. that is the rub. >> they've got to come with some specific revenue. they refuse to do that. >> reporter: even other republicans are split on john boehner's plan to avoid tax hikes all together and admit negotiations are going nowhere. >> nothing going on privately that's not going on publicly. >> reporter: republicans say the president needs to meet them halfway. >> he's got to be serious. he's offered more spending, more stimulus than offering any new cuts. >> repo
. >> reporter: right now it's looking more likely that we could, could, go over that fiscal cliff at the end of the month because right now, negotiations here are at a stand still. president obama talks to the business round table today after telling bloomberg he absolutely won't bunch. the wealthiest americans must pay more. >> we're not going to be able to get a deal without it. >> reporter: he may be in a good position to wait it out. a new poll found more half of americans...
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pile on the headline risk not only coming out of europe, but also with the fiscal cliff negotiations. the bottom line is it's going to be very difficult to maneuver in tight spaces, so widen it out. for us that means in the s&p we want to pie 1340 to 1320, and as the market gets up to the 1430 area and above, we want to reduce our equity exposure. in the dow call it 12,5 to 13,5. in the nasdaq 100, 2400 to 2800. liz: okay, hold on. let me just hold on the s&p because that's what we have here. 1320 to 1340 buy in when it hits there, and can then, of course, sell. >> right. liz: so this requires real involvement on behalf of the investor, doesn't it? >> well, i -- the point is, liz, we, as i said, you've got a lot of headline risk, a lot of back and forth with the news stories. the point is to be disciplined. map those levels out, and then don't get caught in between. so i think if 1340 to 1320's a great place to add to your equity exposure, and then as we get up to the 1430 area and above, you want to reduce your equity exposure, and don't get caught in between. liz: sorry, i interrupt
pile on the headline risk not only coming out of europe, but also with the fiscal cliff negotiations. the bottom line is it's going to be very difficult to maneuver in tight spaces, so widen it out. for us that means in the s&p we want to pie 1340 to 1320, and as the market gets up to the 1430 area and above, we want to reduce our equity exposure. in the dow call it 12,5 to 13,5. in the nasdaq 100, 2400 to 2800. liz: okay, hold on. let me just hold on the s&p because that's what we have...
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cliff negotiations for some stimulus spending doesn't hurricane sandy prove we need it here's an opportunity to. take this we have a few minutes every year of warden a trillion dollars in deficit spending at this point the president obama is like a doctor running a thousand votes with a patient who is not recovery yet if there's an argument for spending more to help the people who were damaged when the federal weather service didn't warn them about the incoming storm but the larger point is this country has been following that policy for so long that we are near because if we did come you know did warn them about it and the wheels are coming off because since the reagan administration we have not been spending money on infrastructure in the united states look around you most of the infrastructure was built in the fifty's sixty's seventy's and early eighty's and then we. spend it on government run health care going to star wars which is four trillion dollars is not to blame for what's actually happening in new york because of the storms right now and the money that it's not about actually not
cliff negotiations for some stimulus spending doesn't hurricane sandy prove we need it here's an opportunity to. take this we have a few minutes every year of warden a trillion dollars in deficit spending at this point the president obama is like a doctor running a thousand votes with a patient who is not recovery yet if there's an argument for spending more to help the people who were damaged when the federal weather service didn't warn them about the incoming storm but the larger point is...
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. >> fiscal cliff negotiations. >> one-on-one right now. >> are now a party of two. >> the two most important players. >> the president and the speaker. >> president obama and house speaker john boehner. >> a two-man operation. >> there is no progress. >> we are seeing progress. >> there is a jobs report today. >> unemployment down to 7.7%. better than expected. thank you very much. >> we dropped a whole point in a year. >> there is no progress. >> members of congress are always upset. >> they are taking us to the cliff. >> the momentum is with the president. >> republicans are totally over the barrel. >> did you say over? >> they should give in to obama on the tax rate? >> nothing is over until we decide it is! >> we didn't elect them to raise rate. >> not me! >> we don't have a revenue problem. >> i'm not going to take this. >> when are you going to fight? >> let's do it! >> how is that winning? that isn't winning. >> i don't think republicans will win. >> south carolina senator jim demint -- >> jim demint says he is resigning. >> his surprise announcement to step down. >> i think i'm in a
. >> fiscal cliff negotiations. >> one-on-one right now. >> are now a party of two. >> the two most important players. >> the president and the speaker. >> president obama and house speaker john boehner. >> a two-man operation. >> there is no progress. >> we are seeing progress. >> there is a jobs report today. >> unemployment down to 7.7%. better than expected. thank you very much. >> we dropped a whole point in a year....
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but his point man on fiscal cliff negotiations took a much different tone if republicans don't negotiate on revenue band tax rates on upper earners the white house is ready to go right over the cliff. >> is the administration prepared to go over the fiscal cliff? >>> oo absolutely. >> the president had support on raising tax rates on upper income earners. republicans have support the putting more emphasis on government spending rather than just simply raising taxes. the republican leaders in congress meantime who also met with business leaders yesterday said they have already offered to raise taxes by cutting deductions for upper earners an the president has yet to counter their proposal. >> i will be ready to sit down with the president to get serious about the problem. >> it is possible the white house could be bluffing the administration ordered the pentagon to begin considering the big spending cuts that would hit military spending if in fact we goefr the cliff. >> back to you. >> doug luzader, thank you. >>> we heard what the lawmakers are saying but what about the taxpayers they re
but his point man on fiscal cliff negotiations took a much different tone if republicans don't negotiate on revenue band tax rates on upper earners the white house is ready to go right over the cliff. >> is the administration prepared to go over the fiscal cliff? >>> oo absolutely. >> the president had support on raising tax rates on upper income earners. republicans have support the putting more emphasis on government spending rather than just simply raising taxes. the...
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host: armstong williams, how do you see the fiscal cliff negotiations going? where do you see them going? guest: there is no doubt that the president signaled yesterday in his conversation to the speaker of the house, and no matter what the drumbeats of the politicians and activists may say to the media, there is no question he is committed to resolving this issue. you cannot resolve this issue bringing people back to certainty or to help business owners understand the liabilities they will face on january 1, 2013. there is no question that the president and the speaker will come to a compromise. back during the days of former president lyndon baines johnson and the senator leader at the time, some of the issues that are going on -- i will never forget when dirkson was talking to the president, and the president said we should meet this evening. the senator said i think we have reached our wit's end. johnson left the white house and met with the senator to show his commitment and said this is what we have to do. as a result of that meeting, they came to some d
host: armstong williams, how do you see the fiscal cliff negotiations going? where do you see them going? guest: there is no doubt that the president signaled yesterday in his conversation to the speaker of the house, and no matter what the drumbeats of the politicians and activists may say to the media, there is no question he is committed to resolving this issue. you cannot resolve this issue bringing people back to certainty or to help business owners understand the liabilities they will...
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cliff negotiations. and live as 7:00 a.m., your calls and comments on "washington journal." >> i think reuters institute is something that is important within the culture. we are a culture of words, voices. words are key to our imagination, our capacity to envision things. we are not completely tied to print on the page in the sense of writing. i think there is no other art forms so readily accessible, other than perhaps film, which we work with, too. it is something -- there is something in literature that catches the human spirit. >> joined book tv, american history tv, and c-span's local content vehicle as we look at the literary life of new york's capital city, albany. sunday at 5:00 p.m. on american history tv on c-span 3. >> house speaker john boehner told reporters the white house has wasted another week in negotiations of the fiscal cliff. this is about five minutes. >> good morning. this is not a progress report. there is no progress to report. when it comes to the fiscal cliff that is threateni
cliff negotiations. and live as 7:00 a.m., your calls and comments on "washington journal." >> i think reuters institute is something that is important within the culture. we are a culture of words, voices. words are key to our imagination, our capacity to envision things. we are not completely tied to print on the page in the sense of writing. i think there is no other art forms so readily accessible, other than perhaps film, which we work with, too. it is something -- there is...
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. >>> back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend break. this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many law
. >>> back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend break. this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over...
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. >>> in fiscal cliff negotiations, it's looking more like president obama could get his way on tax hikes for the wealthy. he met behind closed doors with house speaker john boehner at the white house this afternoon. no word yet on what came out of those talks, but an increasing number of congressional republicans are indicating they'll accept a tax -- >> we have spent all this time talking about revenue, but as we watched our government continue to spend more. this is really about spending. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> across the board tax hikes and spending cuts will automatically kick in if the white house and congress continueeach a deal now in 22 days. >>> dallas cowboys player remains behind bars tonight after a deadly crash that killed a teammate. defensive lineman josh brent is being held on half a million dollars bond. his lawyer called that excessive. police say brent was driving drunk when he crashed his car in the dallas suburb of irving yesterday. tem me teammate jerry brown died in the crash. a moment of silence
. >>> in fiscal cliff negotiations, it's looking more like president obama could get his way on tax hikes for the wealthy. he met behind closed doors with house speaker john boehner at the white house this afternoon. no word yet on what came out of those talks, but an increasing number of congressional republicans are indicating they'll accept a tax -- >> we have spent all this time talking about revenue, but as we watched our government continue to spend more. this is really...